Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 31.26%. A $1000 investment in CDNS 15 years ago would be worth $60,163.83 today. The article highlights the power of compounded returns.
July 03, 2024 | 2:30 pm
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Cadence Design Systems has delivered an impressive average annual return of 31.26% over the past 15 years, significantly outperforming the market. A $1000 investment 15 years ago would now be worth $60,163.83.
The article highlights the strong historical performance of CDNS, which is likely to positively influence investor sentiment and potentially drive the stock price higher in the short term.
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